In the hyper-competitive streaming wars of today, there are bound to be winners and losers. Many new streaming startups have come and gone over the last few decades, but it’s always a surprise to hear when a well-establish service with name recognition is cancelled – especially one with a large corporate presence behind it. This week, exactly that happened as one of the biggest names in the media world officially ended its foray into the streaming market as PlayStation Vue came to an early demise.
Vue officially shuts down today, January 30, 2020. The service launched in 2015 to a mediocre response and never quite took hold on the streaming market. Vue was billed as multichannel video programming distributor, combining a large selection of live TV channels with on demand streaming content. At its peak, Vue boasted around 800,000 subscribers; Sling TV, by comparison, currently has close to 2.5 million subscribers.
Sony announced the end of PlayStation Vue in a press release back in October 2019, citing the significant competition of the streaming market. “Unfortunately, the highly competitive Pay TV industry, with expensive content and network deals, has been slower to change than we expected. Because of this, we have decided to remain focused on our core gaming business,” Sony wrote.
One of the reasons for Vue’s early demise is the fact that its subscriber base is limited to PlayStation gaming console owners. While Vue could be accessed on other devices, subscribers had to own at least one PlayStation console. Other multichannel video programming distributors like Hulu with Live TV, Sling TV, or fuboTV, meanwhile, can be accessed on a wide variety of smart TVs, streaming devices, and mobile devices without the need for any one particular piece of hardware.
The Vue streaming service might be cancelled, but PlayStation users will still be able to purchase movies and TV content through the PlayStation store available on PS4. For Vue users who are now shopping for a new live TV streaming service, there are a multitude of options available. Check out our “Service Reviews” section to compare options.